Life cycle giving to end the cycle of homelessness

With ties to both Westminster Presbyterian Church and Plymouth Congregational Church, Penny Bond was among the first to get involved in Nicollet Square, helping to collect household items, build beds, host monthly birthday parties.

“I was there the first day when they were picking out stuff for their apartments. There was some bravado, but some scared kids, too,” Penny recalled.

Over Nicollet Square’s three years, she’s gotten to know some tenants fairly well.

“It’s just been amazing. They are so appreciative and so helpful. They are kind to each other,” she said.

So when the time came to consider estate plans, it was easy to include Beacon among the organization she and her spouse, Chuck Grimsrud, wanted to support.

And, as a financial planner (now retired) Penny said using an IRA makes it even easier.

“You don’t need an attorney to help you with that. And an IRA is the best because it is not taxable if goes to a charitable organization,” she said. “I worked with a lot of people on this decision. With IRA you decide what percentage or dollar amount and let them know.”

The couple is passionate about ending homelessness in general and has a particular interest in supportive housing for youth.

“I think we are going to change the world by working with the young people,” Penny said.

Chuck agrees: “We need to start someplace to stop the cycle of homelessness and places like Nicollet Square are a good place to start.”

“It’s a way to pay it forward and do something when you are no longer here,” Penny said.